It begins as a drunken argument between colleagues - Shannon Garret, editor of Femme magazine, and her rival Richard Stanley, editor of Babes!. Whose magazine is going to get the chop? Whose readers are the more daring, more sexually adventurous?
When the magazines' owner, Edmund Howard, overhears this, he knows how to decide. He presents Shannon and Richard with a series of bets: they or their staff must prove their superior sexual daring, and the winner will stay in business. He wants to know how far they are prepared to go - and to win, they must go all the way...